ERCOT · 1 month ago
Settlements Operations Analyst
Taylor, TX
Full-time
Hybrid
Entry, Mid Level
$61K/yr - $101K/yr
2+ years expERCOT is a leader in managing the Texas power grid and wholesale market, and they are seeking a Settlements Operations Analyst to perform settlement calculations and assist with ERCOT's Commercial Operation Systems. The role involves developing protocol language, resolving client inquiries, and improving operational efficiency through detailed analysis and system enhancements.
Energy
Responsibilities
Serves as subject matter expert for the Settlement of the ERCOT nodal market
Develops protocol language and system requirements related to Settlements
Demonstrates knowledge and expertise in the detailed operations of congestion, profiling, unaccounted for energy (UFE) analysis, settlement calculation and the associated grid/operational ERCOT charges
Assists with projects, as necessary, to implement ERCOT's Commercial Operation Systems including future enhancements
Assists with system development, product implementation, certification and testing
Develops and maintains a strong level of understanding of the competitive energy markets
Identifies detailed solutions and improvements to procedures and software to improve accuracy, efficiency, and timeliness
Resolves client questions, disputes, and data errors in the operations of settlement computations
Identifies and recommends improvements to procedures and software to improve accuracy, efficiency, and timeliness
Assists with the day-to-day activities of the team
Regularly updates the Senior Settlement Analyst of system issues through formal status reports as well as informally via e-mails, voice message and regular team interaction
Responsible for notifying superiors of key issues
Develops strong working relationships with the key staff members of the Settlement Team, and promotes similar relationships with staff members of other ERCOT departments
Clearly communicates complex technical concepts both in a written and oral manner
Assists in implementing the Settlement and Client Services Training Program
Support the Settlement Team and work with peers to accomplish team objectives and ERCOT initiatives
Has working knowledge of market and power systems and the understanding of the data elements passed from these systems to the settlement system
Resolves client questions, disputes and data errors in the operations of settlement calculations Takes initiative to identify and recommend detailed solutions and improvements to procedures and tools that increase accuracy efficiency and timelines
Writes and executes SQL queries to generate results used in analytical reports
Serves on projects, as necessary, to implement ERCOT's Commercial Operation Systems including future enhancements
Serves as a mentor for other analysts in the department
Uses knowledge of software life cycle to complete tasks, enhance tools and ensure effective process flow
Qualification
Required
Requires minimum 2 years job related work experience in excess of degree requirements
Comfortable working with excel including: complex formulas, pivot tables and graphs
Comfortable interpreting and manipulating algebraic equations
Bachelor's Degree: Business Administration, Engineering, Mathematics, Finance or related; (Required)
or a combination of education and experience that provides equivalent knowledge to a major in such fields is required
Preferred
Prefer experience with, or aptitude for, SQL, Visual Basic and SAS
Company
ERCOT
The Electric Reliability Council of Texas (ERCOT) manages the flow of electric power to 24 million Texas customers.
501-1000 employees
H1B Sponsorship
ERCOT has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (15)
2024 (18)
2023 (17)
2022 (30)
2021 (19)
2020 (20)
Funding
Current Stage
Late StageLeadership Team
Pablo Vegas
President & CEO
Recent News
2025-11-08
2025-10-25
2025-09-28
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